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Ample availability leads to Asian MEG slide last week

23 Mar '15
1 min read

Ample of product availability in the region led to Asian MEG prices sliding down in the last week ending March 20.

In SE Asia, average prices decreased by US$ 25/ton or 2.96 per cent and were assessed at US$ 820/ton last week, as compared to its previous week.

In India, average prices dropped by US$ 25/ton and were offered at US$ 820/ton last week, down 2.96 per cent as against its previous week.

In China, average prices fell US$ 20/ton and were spotted at US$ 815/ton in the last week, a decrease of 2.40 per cent from its previous week.

Fibre2fashion News Desk - India

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